The Organization for Economic Cooperation and Development (OECD) released its leading indicators on Monday. The composite leading indicator increased to 100.5 in December from 100.4 in November. It signalled stable growth in the United States, Canada, Japan, China and Brazil.

The index for the U.K. pointed to an easing in growth momentum.

Economic growth prospects have improved in the Eurozone.

The indicator for India indicates firming growth, while the index for Russia continues to point to a loss in growth momentum.

Germany's indicator rose to 99.7 in December from 99.6 in November. Italy's indicator climbed to 101.0 from 100.9.

The U.S. indicator remained unchanged at 100.4. China's reading increased to 99.3 from 99.1, while India's reading rose to 99.4 from 99.3.

Russia's indicator declined to 99.4 from 100.0, while UK's indicator decreased to 100.2 from 100.3.